Radian Generation Closes New Round of Investment To Accelerate Growth

Radian Generation (RadianGEN), an independent asset management and O&M firm providing comprehensive software and services to solar project owners, has closed a new round of investment with Solar Plus International (Solar Plus).  Solar Plus is a diversified renewable energy company based in Hong Kong and a member of AP Capital Group.  RadianGEN plans to use the new funding to accelerate the development of its Lens solar asset management software platform and expand its asset management services into new markets in the U.S., Europe, and Asia.
 
RadianGEN’s services and Lens software improve returns on renewable energy investments through effective, comprehensive management of technical operations, financial reporting and contractual compliance.  Investors can grow their portfolios, reduce risk and enhance continuity planning with a single, centralized platform that consolidates project information, field services, and management processes.  The software is available as stand-alone Software as a Service (SaaS) or in combination with solar asset management services provided by RadianGEN’s growing staff of experts.
 
Paul Cheng, CEO of Solar Plus, remarked, “RadianGEN already has a strong footprint in the U.S. asset management and O&M markets, and we are excited about this opportunity to support them in leveraging this service offering using the Lens™ software product.  The software is a critical tool for helping owners understand and improve project performance, while reducing compliance risk.  The investment in RadianGEN offers Solar Plus an opportunity to work with one of the most experienced solar management teams in the U.S. and capitalize on the exciting growth of the global solar asset services sector.  We look forward to working with RadianGEN in expanding their products and services around the world, especially in new markets in Asia and Europe.”
 
Chad Sachs, CEO of RadianGEN, commented, “We are pleased to have found an investor and partner that values the long term performance of well-run assets.  Investors want higher quality service at cost effective prices across a growing number of geographical jurisdictions.  This investment provides us with the funding and strategic support to ensure that we can continue to grow with customers and remain a leading solar service provider.”
 
 
Solar Plus International
 
Radian Generation